Bridgewater Associates Portfolio holdings
Bridgewater Associates, founded in 1975 by Ray Dalio in New York and now headquartered in Westport, Connecticut, is the world’s largest hedge fund, managing over $125 billion in assets as of late 2024, serving institutional clients like pension funds, endowments, and sovereign wealth funds. Known for its pioneering "Pure Alpha" and "All Weather" strategies, the firm uses a systematic, macroeconomic approach to deliver uncorrelated returns and risk parity across global markets, including equities, bonds, currencies, and commodities, guided by rigorous data analysis and radical transparency. Dalio, who stepped down as co-CIO in 2022, built a unique culture of "radical truth" and "thoughtful disagreement," documented in his book *Principles*, though the firm transitioned leadership to co-CEOs Nir Bar Dea and Mark Bertolini in 2023 amid succession planning. With around 1,300 employees and a history of navigating crises like 2008 with gains, Bridgewater remains a titan in alternative investments, blending intellectual rigor with a distinctive, often polarizing management philosophy.
Top Buys
| 1 |
iShares MSCI Brazil ETF
EWZ
|
$94.7M |
| 2 |
B
Barrick Mining Corporation
B
|
$19.3M |
| 3 |
LyondellBasell Industries
LYB
|
$18.9M |
| 4 |
SPLS
Staples Inc
SPLS
|
$18.3M |
| 5 |
Johnson & Johnson
JNJ
|
$15.7M |
Top Sells
| 1 |
Vanguard FTSE Emerging Markets ETF
VWO
|
$170M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
$161M |
| 3 |
Micron Technology
MU
|
$23.6M |
| 4 |
VMW
VMware, Inc
VMW
|
$23.3M |
| 5 |
SPDR S&P 500 ETF Trust
SPY
|
$21.2M |
Sector Composition
| 1 | Materials | 3.64% |
| 2 | Energy | 3.29% |
| 3 | Technology | 3.08% |
| 4 | Consumer Discretionary | 3.06% |
| 5 | Healthcare | 3.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Coca-Cola
KO
$292B
| $3.67M | 0.05% |
+81,000
| New | +$3.67M |
|
152
Oracle
ORCL
$654B
| $3.65M | 0.05% |
89,228
-4,900
| -5% | -$201K |
|
|
VAR
153
DELISTED
Varian Medical Systems, Inc.
VAR
| $3.65M | 0.05% |
50,633
-70,524
| -58% | -$5.09M |
|
|
MRO
154
DELISTED
Marathon Oil Corporation
MRO
| $3.61M | 0.05% |
240,800
-23,700
| -9% | -$356K |
|
155
Campbell Soup
CPB
$10.1B
| $3.6M | 0.05% |
54,114
+36,163
| +201% | +$2.41M |
|
156
Cummins
CMI
$55.1B
| $3.59M | 0.05% |
31,900
+9,550
| +43% | +$1.07M |
|
157
Coterra Energy
CTRA
$18.3B
| $3.56M | 0.04% |
138,200
-10,300
| -7% | -$265K |
|
158
Royal Gold
RGLD
$12.2B
| $3.43M | 0.04% |
47,600
-7,900
| -14% | -$569K |
|
159
Fossil Group
FOSL
$165M
| $3.41M | 0.04% |
+119,587
| New | +$3.41M |
|
160
Keurig Dr Pepper
KDP
$38.9B
| $3.4M | 0.04% |
35,188
-22,527
| -39% | -$2.18M |
|
161
Edwards Lifesciences
EW
$47.5B
| $3.37M | 0.04% |
101,400
+45,000
| +80% | +$1.5M |
|
162
W.W. Grainger
GWW
$47.5B
| $3.37M | 0.04% |
14,818
+4,200
| +40% | +$954K |
|
163
UnitedHealth
UNH
$286B
| $3.3M | 0.04% |
23,400
-22,500
| -49% | -$3.18M |
|
|
XEC
164
DELISTED
CIMAREX ENERGY CO
XEC
| $3.3M | 0.04% |
+27,659
| New | +$3.3M |
|
165
State Street
STT
$32B
| $3.28M | 0.04% |
+60,800
| New | +$3.28M |
|
166
Estee Lauder
EL
$32.1B
| $3.24M | 0.04% |
+35,639
| New | +$3.24M |
|
|
CERN
167
DELISTED
Cerner Corp
CERN
| $3.16M | 0.04% |
54,000
-29,332
| -35% | -$1.72M |
|
|
TAHO
168
DELISTED
Tahoe Resources Inc
TAHO
| $3.15M | 0.04% |
+211,500
| New | +$3.15M |
|
169
Delta Air Lines
DAL
$39.9B
| $3.13M | 0.04% |
85,800
+63,800
| +290% | +$2.32M |
|
170
MGM Resorts International
MGM
$9.98B
| $3.05M | 0.04% |
134,700
+112,600
| +510% | +$2.55M |
|
171
Rockwell Automation
ROK
$38.2B
| $2.95M | 0.04% |
25,700
+2,000
| +8% | +$230K |
|
172
Gold Fields
GFI
$30.8B
| $2.87M | 0.04% |
585,400
-75,900
| -11% | -$372K |
|
173
Meta Platforms (Facebook)
META
$1.89T
| $2.7M | 0.03% |
23,600
-39,500
| -63% | -$4.51M |
|
174
Stanley Black & Decker
SWK
$12.1B
| $2.65M | 0.03% |
+23,816
| New | +$2.65M |
|
175
Archer Daniels Midland
ADM
$30.2B
| $2.57M | 0.03% |
+60,000
| New | +$2.57M |
|